risk_management

May 20th, 2015

Studypool Tutor

A. T. Still University

Price: $20 USD

Tutor description

Regardless of the sophistication of the measures, banks often distinguish
between expected and unexpected losses. Expected losses are those that the
bank knows with reasonable certainty will occur (e.g., the expected default rate
of corporate loan portfolio or credit card portfolio) and are typically reserved for
in some manner. Unexpected losses are those associated with unforeseen
events